You Can't Take it With You: The Common-Sense Guide to Estate Planning for Canadians

by Sandra E. Foster

If you own a house, RRSPs, or even just have some savings stashed away, then you have an estate. And if you don't plan for what happens to your money, your children, your house and other assets upon your death, then the government will make those decisions for you and might end up with a bigger share than anyone else. At a minimum, estate planning involves preparing a will, but really involves much more. This revised and updated edition of the bestselling You Can't Take It With You Covers all areas of estate planning: financial and tax planning, wills and power of attorney, life insurance, guardianship of your children, trusts and living wills, funeral planning, and much more. Prepares you for dealing with your financial advisor or lawyer and may even help you to save hundreds of dollars in professional fees and taxes. Features practical examples, checklists, forms, tips, and question-and-answer boxes. Helps you understand all of the financial, legal, and human issues around estate planning so you can protect yourself, your family, and your business. Includes new information on talking with your family (as well as a Family Discussion Quiz); when to appoint a professional executor;

Genres: Nonfiction, How To

352 pages, Paperback

First published January 1, 1998

Reviews

[Andre · Rating 4 out of 5]

I've read most of this material before, but what is good about this book is it places all the things you need to think about in one place. If you are a person, and you live in Canada, and you are going to die... then read this book and get your estate in place. (which reminds me I should reread my will, check on my life insurance, etc. it's been a minute since I did all that.)

[Peter]

Did not read this, as it's from 1998.
I will read a more up-to-date alternative from the Nmkt library.

Owned book.

[Laura (Kyahgirl) · Rating 4 out of 5]

I thought this was an excellent book for Canadians doing estate planning. The book touches on many important topics, the least of which is why you should do estate planning in the first place. The book is written in a simple, easy to follow style.

The topics I found useful were tax considerations for your estate plan, the uses for life insurance, an how Trusts work. God forbid that my husband and I both die while our children are young but its critical for us to have a plan for what to do with our property and money that they will inherit. Obviously, someone will have to take care of it for them until they can manage it on their own. This requires a trust. There is a lot to think about and plan for.

This book is in its fifth edition because it IS such a good book and a valuable resource. Read it.

[Joanne Bell · Rating 4 out of 5]

A Canadian book with very helpful information about financial planning. There is also a supplemental workbook available.

[Earl Inglis · Rating 3 out of 5]

Good security ideas